Nigerian crudes settle below $70 a barrel; oil traders watch for U.S/Russia deal
Nigerian crude ended the day slightly unchanged as investors evaluated whether a potential agreement between the US and Russia to ...
Tag: NUPRC
Nigeria’s oil output surpasses 1.8 mbpd in July 2025 – first time since November – NUPRC
Nigeria's oil production surpassed 1.8 million barrels per day (bpd) last month, with current average output at 1.78 million bpd.
NUPRC: Host community trusts receive N97 billion, $149 million development fund across settlors
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) said about 102 Host Community Development Trusts (HCDTs) have received N97 billion and ...
Judge dismisses GHL’s bid to serve cargo arrest ruling on Navy, NUPRC, others
The Federal High Court in Port Harcourt has dismissed an application filed by General Hydrocarbons Limited (GHL).
Nigeria’s oil production declined by 5% in February, falls short of OPEC quota – NUPRC data
Data from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria’s daily average crude oil production in February declined ...
NMDPRA issues licenses for new refineries in Edo, Delta, Abia
The Nigeria Midstream and Downstream Petroleum Resources Authority has issued refining licenses to three companies to build new refineries in ...
Nigeria’s gas flare commercialisation programme could unlock $2.5 billion investment – NUPRC
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has announced that the Nigeria Gas Flare Commercialisation Programme (NGFCP) has the potential ...
NUPRC threatens oil companies with export ban over failure to supply local refineries
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has threatened to deny oil companies export licenses if they fail to supply ...
Nigeria produced 566 million barrels of crude oil in 2024 – NUPRC data
Data mined from the Nigeria Upstream Petroleum Regulatory Commission (NUPRC) show that Nigeria produced a total of 566.8 million barrels ...
Global Gas faults Shell’s $2.4 billion asset sale to Renaissance, cites court case
The Global Gas and Refining Limited has alleged that the Nigerian Upstream Petroleum Regulatory Commission's (NUPRC) reported approval of the ...
